Growth financing

Loans

Loan financing is appropriate when you have the ability to pay down debt and the possibility to place security for the loan. Loans can be offered from the government, banks and private investors. Common to all of these is an assessment of the risk and your ability to repay the loan.

We have a toolbox of loan products that are adapted to short-term and long-term needs, and we’ll be able to provide advice on what’s most suitable for your growth company.

• Growth guarantee scheme: We work together with Innovation Norway to offer loans under the growth guarantee scheme, and we have helped several hundred growth companies with this type of loan. It’s an attractive loan scheme in which we offer a loan and Innovation Norway places a loss guarantee. Read more about the scheme here
• Growth loan: This is a loan that can be offered to selected growth companies in a pilot phase in 2021-2022. Growth loans will be considered for attractive growth companies within selected sectors and where the company’s business model has big potential in a global market.

Crowdfunding

In recent years, crowdfunding has seen massive growth in Norway. Equity-based crowdfunding or loan-based crowdfunding will generally be the most relevant during a growth phase.

Equity based: Here the business approaches investors directly via a platform. One of the advantages is exposure to many potential investors. A disadvantage can be that ownership interest can be spread out across a number of smaller shareholders who are primarily concerned with a return rather than how they can help the business in its growth phase.

Loan based: Here, many individuals get together to provide a loan to a business through a crowdlending platform. As with the banks, the crowdlenders make a thorough assessment of the cases before they are added to the platform.